MacroPolis

ECB study finds Greeks overburdened by housing costs, most likely to miss payments

The European Central Bank published this week research, based on the ECB’s Consumer Survey, that analyses housing costs for the eurozone’s eleven largest countries which captures the rising housing spending, on expenditures related to rents or mortgages, home maintenance and utility bills.

Policing in spotlight after shocking domestic violence incident

The failure of the police to prevent the murder of a woman by her ex-partner outside a local police station where she had gone to seek protection has put the New Democracy government on the spot over its law-and-order policies.

Despite slowdown, Q4 property price rise pushes 2023 increase to 13.4 pct

The growth in the nominal value of apartments in Greece stayed strong in the last quarter of 2023, increasing by 11.8 percent year-on-year (YoY) from an upwards revised 12.1 percent in Q3 2023, Bank of Greece (BoG) data released on Tuesday showed.

What is driving the Greek housing market's recovery?

By: Georgia Nakou

When it comes to Greek house prices, there’s good news and there’s bad news. On the one hand, some read the recent rebound in property values almost to pre-crisis levels as a sign that the Greek economy is returning to normality after the decade-long financial crisis.

Despite slowdown, property prices jump by 11.9 pct YoY in Q3

The growth in the nominal value of apartments in Greece stayed strong in Q3 2023, increasing by 11.9 percent year-on-year (YoY) from an upwards revised 14.5 percent in Q2 2023, Bank of Greece (BoG) data released on Thursday showed.

Apartment prices rise in Q2 by a strong 13.9 pct YoY despite slight slowdown

The growth in the nominal value of apartments in Greece remained on a stolid path in Q2 2023, increasing by 13.9 percent year-on-year (YoY) from an upwards revised 15 percent in Q1 2023, Bank of Greece (BoG) data released on Tuesday showed.

Government pledges land register action in bid to address everyday problems

After being forced to pledge action to tackle the growing sun lounger problem at Greek resorts, the government has also been prompted to adopt measures to address bureaucratic obstacles at the country’s land registry.

Growth of property prices picks up pace in Q1 with 14.5 pct

The growth in the nominal value of apartments in Greece remained on a strong trajectory in Q1 2023, increasing by 14.5 percent year-on-year (YoY) from an upwards revised 13.5 percent in Q4 2022, Bank of Greece (BoG) data released on Monday showed.

Property prices grow by 12.2 pct in Q4, as 2022 sees rise of 11.1 pct

The increase in the nominal value of apartments in Greece remained on a solid footing in Q4 2022, rising by 12.2 percent year-on-year (YoY), from an upwards revised 11.7 percent in Q3, Bank of Greece (BoG) data released on Wednesday showed.

Property price rise accelerates in Q3 with 11.2 pct increase

The increase in the nominal value of apartments in Greece remained on a solid footing in Q3 of this year, rising by 11.2 percent year-on-year (YoY), from an upwards revised 10.1 percent in Q2, Bank of Greece (BoG) data released on Tuesday showed.